Buy LTC/USDT – 30M – BUY

The combination Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards

A bullish movement upwards to the next resistance level at 116.180000000 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 113.450000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 119.130000000
2nd High 117.300000000
Next High 116.180000000
Current Price 116.030000000
Next Low 113.450000000
2nd Low 112.060000000
3rd Low 103.160000000

116.180000000 – 117.300000000 – 117.120000000 – 113.450000000 – 112.060000000 – 112.110000000 — 56.913372529563 – 58.215491670666

Trading Signals:

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